Auburn Hills-based Hirotec America Inc. is expanding, with plans to generate up to $26 million in new capital investment and create 140 jobs, the Michigan Economic Development Corp. announced today.
“Hirotec America is a global automotive supplier and its decision to invest, grow, and create jobs in Michigan is a testament to our much-improved business climate and world-class workforce,” said Michael A. Finney, president and CEO of the MEDC. “We appreciate the company’s commitment to our state, and we look forward to a long and mutually beneficial partnership.”
A subsidiary of Japan-based Hirotec Co., the automotive supplier plans to construct a new facility in the Oakland Technology Industrial Park in Auburn Hills that will be used for the engineering and manufacturing of automotive parts and assembly systems.
The project received a $1 million Michigan Business Development Program performance-based grant, and the city of Auburn Hills is offering a property tax abatement valued at $3 million.
“This expansion increases our local capacity to provide our customers technologically advanced, high-quality, and lean manufacturing solutions,” says Katsu Uno, chairman and CEO of Hirotec America.
